TSR20 Rubber Price Rises to USD 143.4 per Kg (Friday, December 1, 2023)

The price of TSR20 rubber for transactions on Friday, December 1, 2023, increased. Today's TSR20 rubber price trading was recorded at SGD 143.4 per kg. This figure is higher than the previous day's trading, which was at SGD 143.3 per kg. The current situation is similar to the previous movement of TSR20 rubber prices, which are in a declining trend.

Over the past week, the movement of TSR20 rubber prices slowed by 1.58 percent, with an average daily transaction price of SGD 144.79 per kg. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the TSR20 rubber price has increased by 3.17 percent. However, from its highest price this year at SGD 149.6 per kg, the TSR20 rubber price has fallen by 4.14 percent.

Annually, the average trading price of TSR20 rubber over the past five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decrease. The highest average monthly price of the TSR20 rubber commodity was recorded in February 2022 at SGD 179.57 per kg.

*update:*
This article has been edited in the title and narrative. Previously, the commodity unit was written as SGD per kg and has been changed to USD per 100kg. For direct reference, please click this [source link](https://api2.sgx.com/sites/default/files/2023-06/SGX%20SICOM%20Rubber%20Contracts%20%28Eng%29_%28updated%20on%2029%20May%202023%29_0.pdf).